Global Financial Stability Report

Global Financial Stability Report, March 2002: Market Developments and Issues

March 13, 2002

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Global Financial Stability Report, March 2002: Market Developments and Issues, (USA: International Monetary Fund, 2002) accessed December 23, 2024

Summary

This March 2002 issue of the Global Financial Stability Report highlights that financial markets ended the year 2001 on a positive note. Equity markets recovered and rallied noticeably from their lows of late September. In bond markets, yield spreads of corporate and high-yielding bonds, particularly emerging market bonds, narrowed against the U.S. Treasury. At the same time, the U.S. Treasury yield curve steepened, and the U.S. dollar has strengthened. Financial markets thus anticipate, and have priced in, a recovery in economic activity and corporate earnings during 2002.

Subject: Credit, Credit risk, Early warning systems, Emerging and frontier financial markets, Financial crises, Financial markets, Financial regulation and supervision, Money, Stock markets

Keywords: Asia and Pacific, Credit, Credit risk, Early warning systems, Emerging and frontier financial markets, Emerging market, Emerging market bond, Emerging market sovereign, Europe, Financial market development, GFSR, Global, Investor, Market, Market discipline, Market expectation, Market participant, Stock markets

Publication Details

  • Pages:

    90

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Global Financial Stability Report No. 2002/001

  • Stock No:

    GFSREA0012002

  • ISBN:

    9781589061057

  • ISSN:

    1729-701X